Canada Forecast: Current Account Balance
1980 - 2026 | Yearly | USD bn | International Monetary Fund
Key information about Canada`s Forecast: Current Account Balance
- Canada Current Account Balance is forecasted to be -14.666 USD bn in Dec 2021 as reported by International Monetary Fund.
- It records a decrease from the last reported number of -31.818 USD bn in Dec 2020.
- Looking ahead, Canada Current Account Balance is projected to stand at -47.722 USD bn in Dec 2026.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: BPM6: Current Account: USD.
View Canada's Forecast: Current Account Balance from 1980 to 2026 in the chart:
What is Canada's Forecast: Current Account Balance in 2026?
Canada Current Account Balance is forecasted to be -14.666 USD bn in Dec 2021 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -47.722 2026 | -42.843 2025 | -64.620 2012 | 24.072 2004 | USD bn | yearly | 1980 - 2026 |
Forecast: Current Account Balance by Country Comparison
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Includes Forecast: Current Account Balance on 193 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (USD bn) | 0.902 2026 | yearly | 2002 - 2026 |
| Albania (USD bn) | -1.766 2026 | yearly | 1980 - 2026 |
| Algeria (USD bn) | -9.579 2026 | yearly | 1980 - 2026 |
| Angola (USD bn) | -0.457 2026 | yearly | 1980 - 2026 |
| Antigua and Barbuda (USD bn) | -0.133 2026 | yearly | 2014 - 2026 |
| Argentina (USD bn) | 2.041 2026 | yearly | 1980 - 2026 |
| Armenia (USD bn) | -1.040 2026 | yearly | 1992 - 2026 |
| Aruba (USD bn) | 0.051 2026 | yearly | 1999 - 2026 |
| Australia (USD bn) | -24.352 2026 | yearly | 1980 - 2026 |
| Austria (USD bn) | 13.339 2026 | yearly | 1980 - 2026 |
| Azerbaijan (USD bn) | 0.172 2026 | yearly | 1992 - 2026 |
| Bahamas (USD bn) | -1.097 2026 | yearly | 1980 - 2026 |
| Bahrain (USD bn) | -2.363 2026 | yearly | 1980 - 2026 |
| Bangladesh (USD bn) | -10.942 2026 | yearly | 1980 - 2026 |
| Barbados (USD bn) | -0.199 2026 | yearly | 1980 - 2026 |
| Belarus (USD bn) | -1.290 2026 | yearly | 1992 - 2026 |
| Belgium (USD bn) | -3.140 2026 | yearly | 1980 - 2026 |
| Belize (USD bn) | -0.158 2026 | yearly | 1980 - 2026 |
| Benin (USD bn) | -1.025 2026 | yearly | 1980 - 2026 |
| Bhutan (USD bn) | 0.090 2026 | yearly | 1980 - 2026 |
| Bolivia (USD bn) | -2.890 2026 | yearly | 1980 - 2026 |
| Bosnia and Herzegovina (USD bn) | -0.977 2026 | yearly | 1998 - 2026 |
| Botswana (USD bn) | 0.073 2026 | yearly | 1980 - 2026 |
| Brazil (USD bn) | -36.361 2026 | yearly | 1980 - 2026 |
| Brunei (USD bn) | 1.242 2026 | yearly | 1981 - 2026 |
| Bulgaria (USD bn) | 0.849 2026 | yearly | 1980 - 2026 |
| Burkina Faso (USD bn) | -1.654 2026 | yearly | 1980 - 2026 |
| Burundi (USD bn) | -0.585 2026 | yearly | 1980 - 2026 |
| Cambodia (USD bn) | -2.472 2026 | yearly | 1992 - 2026 |
| Cameroon (USD bn) | -1.030 2026 | yearly | 1980 - 2026 |
| Canada (USD bn) | -47.722 2026 | yearly | 1980 - 2026 |
| Cape Verde (USD bn) | -0.078 2026 | yearly | 1980 - 2026 |
| Central African Republic (USD bn) | -0.218 2026 | yearly | 1980 - 2026 |
| Chad (USD bn) | -0.773 2026 | yearly | 1980 - 2026 |
| Chile (USD bn) | -3.689 2026 | yearly | 1980 - 2026 |
| China (USD bn) | 128.763 2026 | yearly | 1997 - 2026 |
| Colombia (USD bn) | -15.501 2026 | yearly | 1980 - 2026 |
| Comoros (USD bn) | -0.070 2026 | yearly | 1980 - 2026 |
| Congo (USD bn) | -0.211 2026 | yearly | 1980 - 2026 |
| Costa Rica (USD bn) | -2.153 2026 | yearly | 1980 - 2026 |
| Croatia (USD bn) | 0.677 2026 | yearly | 1992 - 2026 |
| Cyprus (USD bn) | -1.260 2026 | yearly | 1980 - 2026 |
| Czech Republic (USD bn) | 0.986 2026 | yearly | 1995 - 2026 |
| Democratic Republic of Congo (USD bn) | -2.535 2026 | yearly | 1980 - 2026 |
| Denmark (USD bn) | 37.438 2026 | yearly | 1980 - 2026 |
| Djibouti (USD bn) | 0.153 2026 | yearly | 1991 - 2026 |
| Dominica (USD bn) | -0.066 2026 | yearly | 2014 - 2026 |
| Dominican Republic (USD bn) | -3.253 2026 | yearly | 1980 - 2026 |
| Ecuador (USD bn) | 1.643 2026 | yearly | 1980 - 2026 |
| Egypt (USD bn) | -15.245 2026 | yearly | 1980 - 2026 |
| El Salvador (USD bn) | -1.503 2026 | yearly | 1980 - 2026 |
| Equatorial Guinea (USD bn) | -2.205 2026 | yearly | 1987 - 2026 |
| Eritrea (USD bn) | 0.317 2026 | yearly | 1993 - 2026 |
| Estonia (USD bn) | -0.165 2026 | yearly | 1993 - 2026 |
| Swaziland (USD bn) | 0.260 2026 | yearly | 1980 - 2026 |
| Ethiopia (USD bn) | -4.449 2026 | yearly | 1980 - 2026 |
| Fiji (USD bn) | -0.331 2026 | yearly | 1980 - 2026 |
| Finland (USD bn) | 2.698 2026 | yearly | 1980 - 2026 |
| France (USD bn) | -30.013 2026 | yearly | 1980 - 2026 |
| Gabon (USD bn) | 0.246 2026 | yearly | 1980 - 2026 |
| Gambia (USD bn) | -0.243 2026 | yearly | 1980 - 2026 |
| Georgia (USD bn) | -1.394 2026 | yearly | 1995 - 2026 |
| Germany (USD bn) | 356.379 2026 | yearly | 1980 - 2026 |
| Ghana (USD bn) | -3.960 2026 | yearly | 1980 - 2026 |
| Greece (USD bn) | -9.037 2026 | yearly | 1980 - 2026 |
| Grenada (USD bn) | -0.166 2026 | yearly | 2014 - 2026 |
| Guatemala (USD bn) | -0.674 2026 | yearly | 1980 - 2026 |
| Guinea (USD bn) | -2.333 2026 | yearly | 1980 - 2026 |
| Guinea-Bissau (USD bn) | -0.087 2026 | yearly | 1980 - 2026 |
| Guyana (USD bn) | 1.409 2026 | yearly | 1980 - 2026 |
| Haiti (USD bn) | -0.119 2026 | yearly | 1980 - 2026 |
| Honduras (USD bn) | -1.262 2026 | yearly | 1980 - 2026 |
| Hong Kong SAR, China (USD bn) | 18.959 2026 | yearly | 1980 - 2026 |
| Hungary (USD bn) | -0.562 2026 | yearly | 1980 - 2026 |
| Iceland (USD bn) | 0.600 2026 | yearly | 1980 - 2026 |
| India (USD bn) | -114.386 2026 | yearly | 1980 - 2026 |
| Indonesia (USD bn) | -25.931 2026 | yearly | 1980 - 2026 |
| Iran (USD bn) | 10.294 2026 | yearly | 1980 - 2026 |
| Iraq (USD bn) | -5.736 2026 | yearly | 2001 - 2026 |
| Ireland (USD bn) | 37.600 2026 | yearly | 1980 - 2026 |
| Israel (USD bn) | 16.387 2026 | yearly | 1980 - 2026 |
| Italy (USD bn) | 80.592 2026 | yearly | 1980 - 2026 |
| Ivory Coast (USD bn) | -2.535 2026 | yearly | 1980 - 2026 |
| Jamaica (USD bn) | -0.523 2026 | yearly | 1980 - 2026 |
| Japan (USD bn) | 212.048 2026 | yearly | 1980 - 2026 |
| Jordan (USD bn) | -1.553 2026 | yearly | 1980 - 2026 |
| Kazakhstan (USD bn) | -7.090 2026 | yearly | 1992 - 2026 |
| Kenya (USD bn) | -8.528 2026 | yearly | 1980 - 2026 |
| Kiribati (USD bn) | 0.034 2026 | yearly | 1980 - 2026 |
| South Korea (USD bn) | 94.884 2026 | yearly | 1980 - 2026 |
| Kosovo (USD bn) | -0.597 2026 | yearly | 2000 - 2026 |
| Kuwait (USD bn) | 5.366 2026 | yearly | 1980 - 2026 |
| Kyrgyzstan (USD bn) | -0.327 2026 | yearly | 1992 - 2026 |
| Laos (USD bn) | -1.896 2026 | yearly | 1980 - 2026 |
| Latvia (USD bn) | -0.858 2026 | yearly | 1992 - 2026 |
| Lebanon (USD bn) | -2.733 2020 | yearly | 1980 - 2020 |
| Lesotho (USD bn) | -0.084 2026 | yearly | 1980 - 2026 |
| Liberia (USD bn) | -0.984 2026 | yearly | 2000 - 2026 |
| Libya (USD bn) | 0.959 2026 | yearly | 1980 - 2026 |
| Lithuania (USD bn) | -0.470 2026 | yearly | 1993 - 2026 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -11.7 Dec 2020 | quarterly | Jun 1993 - Dec 2020 |
| Consolidated Fiscal Balance (USD mn) | -15,724.165 Jan 2021 | monthly | May 1992 - Jan 2021 |
| Tax Revenue (USD mn) | 19,836.393 Jul 2021 | monthly | Jan 1996 - Jul 2021 |
| Tax Revenue: % of GDP (%) | 13.5 Mar 2021 | quarterly | Mar 1996 - Mar 2021 |
| National Government Debt (USD mn) | 1,282,564.6 2021 | yearly | 1962 - 2021 |
| Government Debt: % of GDP (%) | 72.2 2021 | yearly | 1962 - 2021 |
| Forecast: Government Expenditure (CAD bn) | 1,235.290 2026 | yearly | 1980 - 2026 |
| Forecast: Government Net Debt (CAD bn) | 2,898.370 2026 | yearly | 1980 - 2026 |
| Forecast: Government Revenue (CAD bn) | 1,240.440 2026 | yearly | 1980 - 2026 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -11,980.000 Jul 2021 | monthly | May 1992 - Jul 2021 |
| Budgetary Revenue (CAD mn) | 29,333.000 Jul 2021 | monthly | May 1992 - Jul 2021 |
| Budgetary Expense (CAD mn) | -41,313.000 Jul 2021 | monthly | May 1992 - Jul 2021 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 5,111.000 Jul 2021 | monthly | Jan 1996 - Jul 2021 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 24,855.000 Jul 2021 | monthly | Jan 1996 - Jul 2021 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 417,300.000 2026 | yearly | 1996 - 2026 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 65,700.000 2026 | yearly | 2000 - 2026 |
| FIN Forecast: Budgetary Expense (CAD mn) | 434,500.000 2026 | yearly | 1996 - 2026 |
| FIN Forecast: Budgetary Balance (CAD mn) | -24,900.000 2026 | yearly | 1996 - 2026 |
| Net Financing Activities (CAD mn) | 33,822.000 Jul 2021 | monthly | Jan 1996 - Jul 2021 |
| FIN Forecast: Federal Debt (CAD mn) | 1,378,300.000 2026 | yearly | 1997 - 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.287 2026 | yearly | 1980 - 2026 |
| Trade Balance (USD mn) | 1,538.7 Aug 2021 | monthly | Jan 1988 - Aug 2021 |
| Total Exports (USD mn) | 43,213.4 Aug 2021 | monthly | Jan 1988 - Aug 2021 |
| Total Exports Growth (%) | 20.6 Aug 2021 | monthly | Jan 1989 - Aug 2021 |
| Aluminum: Exports (USD th) | 6,745,490.369 2020 | yearly | 1995 - 2020 |
| Exports: Medicament (USD th) | 7,704,119.726 2020 | yearly | 1995 - 2020 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 893,615.928 2020 | yearly | 1995 - 2020 |
| Total Imports (USD mn) | 42,275.5 Jul 2021 | monthly | Jan 1988 - Jul 2021 |
| Total Imports Growth (%) | 9.4 Jul 2021 | monthly | Jan 1989 - Jul 2021 |
| Imports: Medicament (USD th) | 8,982,517.927 2020 | yearly | 1995 - 2020 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 6,403,601.693 2020 | yearly | 1995 - 2020 |
| Total Exports to USA (USD mn) | 26,098.603 Dec 2020 | monthly | Jan 1988 - Dec 2020 |
| Total Imports from USA (USD mn) | 25,661.469 Mar 2021 | monthly | Jan 1997 - Mar 2021 |
| Total Exports to China (USD mn) | 1,955.178 Apr 2021 | monthly | Jan 1997 - Apr 2021 |
| Total Imports from China (USD mn) | 4,514.997 Mar 2021 | monthly | Jan 1997 - Mar 2021 |
| CA: Import Unit Value Index (2010=100) | 104.348 2011 | yearly | 1948 - 2011 |
| CA: Export Unit Value Index (2010=100) | 106.461 2011 | yearly | 1948 - 2011 |
| Coal Exports (kton) | 2,494.000 Jun 2021 | monthly | Jan 1977 - Jun 2021 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 1,280,714.649 Aug 2021 | monthly | Oct 2009 - Aug 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.6 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Household Debt: % of GDP (%) | 110.6 Mar 2021 | quarterly | Mar 1969 - Mar 2021 |
| Money Supply M1 (USD mn) | 1,255,486.122 Jul 2021 | monthly | Mar 1975 - Jul 2021 |
| Money Supply M2 (USD mn) | 1,817,323.119 Jul 2021 | monthly | Jan 1968 - Jul 2021 |
| M2 Growth (%) | 11.7 Jul 2021 | monthly | Jan 1969 - Jul 2021 |
| Foreign Exchange Reserves (USD mn) | 70,253.0 Mar 2021 | monthly | Jun 1999 - Mar 2021 |
| Foreign Exchange Reserves: % of GDP (%) | 4.136 Jun 2021 | quarterly | Jun 1999 - Jun 2021 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.8 Aug 2021 | monthly | Jun 1999 - Aug 2021 |
| Gold Reserves (USD mn) | 0.000 Sep 2021 | monthly | Dec 1956 - Sep 2021 |
| Total Deposits (USD mn) | 3,934,726.220 Jul 2021 | monthly | Jan 2009 - Jul 2021 |
| Total Deposits Growth (%) | 12.9 Feb 2021 | monthly | Jan 2010 - Feb 2021 |
| Domestic Credit (USD mn) | 4,378,240.0 Jul 2021 | monthly | Jan 1969 - Jul 2021 |
| Domestic Credit Growth (%) | 6.1 Jul 2021 | monthly | Jan 1970 - Jul 2021 |
| Debt Service Ratio: Households (%) | 12.200 Mar 2021 | quarterly | Mar 1999 - Mar 2021 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 23.000 Mar 2021 | quarterly | Mar 1999 - Mar 2021 |
| Credit to Households (USD bn) | 1,970.207 Mar 2021 | quarterly | Mar 1969 - Mar 2021 |
| Credit to Private Non-Financial Sector (USD bn) | 4,287.186 Mar 2021 | quarterly | Mar 1954 - Mar 2021 |
| Household Debt (USD mn) | 2,045,452.4 Jul 2021 | monthly | Jan 1969 - Jul 2021 |
| Total Loans (USD mn) | 2,777,369.665 Feb 2021 | monthly | Jan 1969 - Feb 2021 |
| Total Loans Growth (%) | 3.52 Mar 2021 | monthly | Jan 1970 - Mar 2021 |
| Private Debt: % of Nominal GDP (%) | 239.82 Dec 2020 | quarterly | Mar 1969 - Dec 2020 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,265,219.000 Jul 2021 | monthly | Jan 1968 - Jul 2021 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,565,089.000 Jul 2021 | monthly | Mar 1975 - Jul 2021 |
| Money Supply: M1+: Gross (CAD mn) | 1,562,396.000 Jul 2021 | monthly | Mar 1975 - Jul 2021 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,075,281.000 Jul 2021 | monthly | Jan 1970 - Jul 2021 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,265,475.000 Jul 2021 | monthly | Jan 1968 - Jul 2021 |
| Money Supply: M3: Gross (CAD mn) | 3,065,627.000 Jul 2021 | monthly | Jan 1970 - Jul 2021 |
| Official International Reserves: Gold (USD mn) | 0.000 Sep 2021 | monthly | Dec 1994 - Sep 2021 |
| Official International Reserves (USD mn) | 106,270.000 Sep 2021 | monthly | Dec 1994 - Sep 2021 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -3.6 Aug 2021 | monthly | Dec 2001 - Aug 2021 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 66.000 Aug 2021 | monthly | Dec 2000 - Aug 2021 |
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